17:9A-285. Corporate dissolution
49 words·~1 min read·
/nj/title-17/chapter-9a/17-9a-285·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the filing of the certificate in the department pursuant to subsection C of section 284, the bank shall be dissolved, and its corporate rights, privileges and franchises shall be terminated. A copy of the certificate, certified by the commissioner, shall be evidence in all courts and places.
L.1948,c.67,s.285.